HomeCirculars › RBI/2010-11/130

Updated UN Terror List for Co-op Banks: Al-Qaida/Taliban

Current · Source: Reserve Bank of India · RBI/2010-11/130 · issued 23 Jul 2010 · ~2 min read
Quick answerRBI directs all state and central co-operative banks to update their records with the latest UN 1267 Committee list of terrorist individuals/entities linked to Al-Qaida and Taliban, and screen all new and existing accounts against this list.
Sanctions-list safety note. This circular refers to a specific UN Security Council / UAPA designated-entities list update as it stood on the date above — sanctions lists change often, and a newer update almost certainly exists today. Never use this page, or any single dated circular, as your current screening list. Always screen against the live, current list at the official UAPA proscribed-organisations list and the UN Consolidated List, and confirm the obligations for your bank on the official rbi.org.in source below.
The rule, in the simplest words
How it plays out — a real example

Rahul, a co-operative bank branch officer in Indore, was reviewing a new account application from a local businessman. He checked the updated UN 1267 Committee list and found the businessman's name on it. Rahul immediately rejected the application and informed the authorities, following the RBI's instructions to screen new accounts against the list.

What changed

RBI has forwarded a new consolidated list of individuals and entities linked to Al-Qaida and Taliban, as updated by the UN Security Council's 1267 Committee via a Government of India note dated July 12, 2010. Banks must replace the previous list circulated on July 20, 2010, with this updated version.

What it means for you

Co-operative banks must immediately update their internal databases with the latest UN sanctions list and ensure no new account is opened for any listed entity. Existing accounts must be scanned to identify and freeze any linked accounts, following the procedures under the UAPA Order of August 27, 2009.

What you must do

Who it affects

All State Co-operative Banks, All Central Co-operative Banks, Compliance Officers and Principal Officers of co-operative banks

❓ Common questions

Where can I find the complete updated list of terrorist individuals/entities?

The complete consolidated list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml. RBI has also enclosed a copy of the Government of India note with the changes.

What action is required for existing accounts that match the list?

You must freeze all funds, financial assets, or economic resources held in bank accounts of designated individuals/entities, following the procedure detailed in paragraph 6 of RBI's circular dated October 29, 2009.

Do I need to report compliance to RBI?

Yes, the Compliance Officer or Principal Officer must acknowledge receipt of this circular to the concerned RBI Regional Office.

📜 Read the original circular — full text as issued by RBI
RBI/2010-11/130 RPCD.CO.RF.AML.No.936 / 07.02.12/2010-11 July 23, 2010 The Chairmen / CEOs of all State and Central Co-operative Banks Dear Sir, List of Terrorist Individuals/Organisations - under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation Please refer to our circular letter RPCD.CO.RF.AML.No.740/07.02.12/2010-11 dated July 20, 2010 . We have since received from the Government of India (Ministry of External Affairs) copy of note dated July 12, 2010 (copy enclosed) forwarded by the Chairman of UN Security Council's 1267 Committee regarding changes made in the Consolidated List of Individuals and entities linked to Al-Qaida and Taliban. 2. Banks are required to update the consolidated list of individuals/entities as circulated by Reserve Bank and before opening any new account, it should be ensured that the name/s of the proposed customer does not appear in the list. Further, banks should scan all existing accounts to ensure that no account is held by or linked to any of the entities or individuals included in the list. 3 . Banks are advised to strictly follow the procedure laid down in the UAPA Order dated August 27, 2009 enclosed to our circular RPCD.CO.RF.AML. BC. No. 34/07.40.00/ 2009-10 dated October 29, 2009 and ensure meticulous compliance to the Order issued by the Government. 4.  As far as freezing of funds, financial assets or economic resources or related services held in the form of bank accounts of the designated individuals/entities are concerned, action should be taken as detailed in paragraph 6 of the circular dated October 29, 2009, mentioned above. 5. The complete details of the said consolidated list are available on the UN website: http://www.un.org/sc/committees/1267/consolist.shtml 6. Compliance Officer/Principal Officer should acknowledge receipt of this circular letter to our concerned Regional Office. Yours faithfully, (R.K.Moolchandani) Deputy General Manager Encl: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/130 · issued 23 Jul 2010. The plain-English explanation above is BankPulse’s own independent summary.
🧰 Tools — save, print, templates & related
Who does what — compliance checklist
💻 IT / Systems
  • Screen all new account applications against the updated list before opening accounts.
📜 Compliance
  • Update your internal consolidated list of terrorist individuals/entities with the latest UN 1267 Committee list received from RBI.
  • Scan all existing accounts to identify any linked to listed individuals/entities.
  • Freeze funds, financial assets, or economic resources of designated entities as per paragraph 6 of RBI's October 29, 2009 circular.
  • Acknowledge receipt of this circular to your respective RBI Regional Office through the Compliance Officer/Principal Officer.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template

Example: if you are a Compliance officer at a bank this circular applies to (All State Co-operative Banks, All Central Co-operative Banks, Compliance Officers and Principal Officers of co-operative banks), your first concrete step on “Updated UN Terror List for Co-op Banks: Al-Qaida/Taliban” is: “Update your internal consolidated list of terrorist individuals/entities with the latest UN 1267 Committee list received from RBI.” (RBI issued this 23 Jul 2010).

  1. Circular: RBI/2010-11/130 -- Updated UN Terror List for Co-op Banks: Al-Qaida/Taliban
  2. Issued: 23 Jul 2010
  3. Action required: Update your internal consolidated list of terrorist individuals/entities with the latest UN 1267 Committee list received from RBI.
  4. Action required: Screen all new account applications against the updated list before opening accounts.
  5. Action required: Scan all existing accounts to identify any linked to listed individuals/entities.
  6. Action required: Freeze funds, financial assets, or economic resources of designated entities as per paragraph 6 of RBI's October 29, 2009 circular.
  7. Action required: Acknowledge receipt of this circular to your respective RBI Regional Office through the Compliance Officer/Principal Officer.
  8. Owner: ____________ Target date: ____________
  9. Board/committee approval needed? Y / N
  10. Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.

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BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly).
Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=5892&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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